MobileCoin (MOB) Self Reported Market Cap Achieves $12.54 Million

MobileCoin (MOB) traded 0.3% higher against the dollar during the one day period ending at 11:00 AM Eastern on December 19th. MobileCoin has a market capitalization of $12.54 million and approximately $15.53 thousand worth of MobileCoin was traded on exchanges in the last day. Over the last week, MobileCoin has traded 9.5% lower against the dollar. One MobileCoin coin can currently be purchased for $0.17 or 0.00000191 BTC on popular exchanges.

MobileCoin Coin Profile

MobileCoin is a SCP coin that uses the Blake2b hashing algorithm. Its genesis date was September 29th, 2021. MobileCoin’s total supply is 250,000,000 coins and its circulating supply is 74,218,324 coins. The official message board for MobileCoin is medium.com/mobilecoin. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed here. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here. The official website for MobileCoin is mobilecoin.foundation.

According to CryptoCompare, “The MobileCoin Protocol is a set of rules that define a decentralized cryptocurrency. Anyone is free to review the open soure code that implements the protocol, to verify that it is correct or to propose improvements. The MobileCoin Foundation will oversee development of the MobileCoin software in GitHub.The amount of energy required to operate the MobileCoin network is held low by avoiding Proof of work in favour of Federated Byzantine Agreement via the Stellar Consensus Protocol.The Stellar Consensus Protocol was first described in a whitepaper by David Mazières in 2015. It is a “federated Byzantine agreement system” that allows decentralized, leaderless computing networks efficiently to reach a consensus outcome on some decision.”

MobileCoin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as MobileCoin directly using US dollars. Investors seeking to acquire MobileCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase MobileCoin using one of the aforementioned exchanges.

MOB/USD price chart by TradingView